16842 James Anderson HwyBuckingham, VA 23921

Property Details for 16842 James Anderson Hwy

Lot size

6.71 AC

Property type

Other commercial real estate

APN

137-121B

APU

137121B

Description

This exceptional commercial property in Buckingham, VA, presents a lucrative investment opportunity. The 3,750 square foot brick office building boasts a consistent monthly income stream, making it an attractive prospect for investors seeking stable returns. Situated on a sizable 6.712-acre lot, the property enjoys significant visibility and accessibility due to its extensive frontage on Highway 60. A paved parking lot provides ample space for tenants and visitors. The location offers convenient access to major regional hubs, including Charlottesville, Richmond, and Lynchburg, enhancing its appeal to a wide range of businesses. Currently serviced by an individual well and septic system, the property also benefits from the availability of public utilities provided by the county, offering future connection options for enhanced infrastructure. The building's solid construction and desirable location combine to create a compelling investment opportunity with significant potential for growth and future development. The property's current income generation, combined with its strategic location and ample land, makes it an ideal acquisition for investors seeking a strong return on investment. Detailed financial information and lease details are available upon request. This is a rare opportunity to acquire a well-established commercial property in a thriving area.

• Alternative Use

  Use

  Valuation

  Residential

  $50,023,016

  Hospitality

  $45,820,816

  Educational

  $38,122,380

  Medical

  $39,433,468

  Retail

  $59,301,480

Location Insight

City

Buckingham

County

Buckingham

State

Virginia

Latitude

37.5295

Longitude

-78.4945

Property Tax & Assessments

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